On Sunday, November 24, Bitcoin ($BTC ) is trading at $97,000, which is approximately 3% lower than the peak reached on the night of November 23. Over the weekend, the price of BTC came very close to $100,000 but pulled back without reaching that mark.
At its peak, Bitcoin reached $99,860 on Coinbase and $99,588 in the USDT pair on Binance.
According to BitRiver's estimates, the technical picture suggests a possible slowdown in Bitcoin's growth after reaching the zone of $102,000 - $105,000, which could provide an opportunity for altcoin growth.
To prevent a deep correction, buyers need to keep prices in a sideways trend long enough for intraday indicators to reset.
